releases

New releases lift Korean game makers as IP strategy pays off

Operating profits rise at Nexon, Krafton and Netmarble as expanded and new IPs drive performance, while Kakao Games swings to a loss amid a release gap. Source: FnGuide.
Based on disclosed information; compiled by Asia Today and translated by UPI

Jan. 1 (Asia Today) — Major South Korean game companies posted sharply different results in 2025, with performance largely tied to whether they shipped new titles built on established intellectual property or introduced new franchises, industry officials said.

Nexon is projected to report 2025 revenue of 4.5594 trillion won ($3.16 billion) and operating profit of 1.4112 trillion won ($979 million), up 13.7% and 26.4% from a year earlier, according to industry estimates.

The gains were attributed to the impact of recent releases including Mabinogi Mobile, Maple Raising and The First Berserker: Khazan. Mabinogi Mobile won the top prize at the 2025 Korea Game Awards held at BEXCO in Busan.

Krafton is also expected to top 1 trillion won ($693 million) in operating profit. The company’s 2025 revenue is estimated at 3.09 trillion won ($2.14 billion) with operating profit of 1.301 trillion won ($902 million), up about 14% and 10% on the year.

Krafton’s results were driven by its flagship PUBG: Battlegrounds franchise, with Battlegrounds Mobile India cited as a key growth engine in the Indian market.

Netmarble is projected to post 2025 revenue of 2.79 trillion won ($1.93 billion) and operating profit of 360 billion won ($250 million), up 4.7% and 68% from a year earlier. The company’s new titles based on in-house IP, including Vampyr and Seven Knights Re:Birth Global, were credited with supporting profitability, along with a higher share of self-developed games in its lineup.

NCSoft, which recorded its first loss since its initial public offering last year, is expected to return to profit. The company’s 2025 revenue is estimated at 1.45 trillion won ($1.01 billion) with operating profit of 15 billion won ($10.4 million), with strong early performance of the MMORPG Aion 2 cited as a key factor.

Kakao Games, however, is projected to swing to an operating loss amid delays in new releases. The company’s 2025 revenue is estimated at 470 billion won ($326 million) with an operating loss of 39 billion won ($27.0 million).

An industry official said game makers are leaning more heavily on proven franchises while trying to develop new IP, and that 2026 results will likely depend on whether companies can sustain release momentum.

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Source link

Venezuela releases more prisoners amid US pressure campaign: Rights groups | News

Second release of prisoners related to 2024 election protests seen as possible conciliatory move from Maduro.

The government of Venezuelan leader Nicolas Maduro has released dozens of prisoners held for protesting his disputed victory in the country’s 2024 election.

The release of at least 87 prisoners comes as the administration of United States President Donald Trump has continued its pressure campaign against Caracas.

Recommended Stories

list of 3 itemsend of list

It was the second release within a week, in what some observers have viewed as an effort by Maduro to strike a more conciliatory tone, even as he has accused Trump of seeking to topple his government and seize Venezuela’s vast oil reserves.

Two rights groups, the Committee for the Freedom of Political Prisoners and the Committee of Mothers in Defense of the Truth, confirmed the release on Thursday.

“On the morning of January 1, mothers and relatives reported new releases of political prisoners from Tocoron prison in Aragua state” in northern Venezuela, the Committee for the Freedom of Political Prisoners wrote on social media.

Venezuela’s government had previously announced the release of 99 prisoners on December 25, calling it “a concrete expression of the State’s commitment to peace, dialogue and justice”.

However, Foro Penal, a leading Venezuelan rights group, said afterwards it was only able to verify the release of 61 prisoners at the time.

Maduro claimed victory in the July 2024 vote, maintaining he had secured a third six-year term. The opposition has alleged widespread fraud, publishing results later verified by independent experts showing that Edmond Gonzalez had won by a landslide.

Gonzalez ran in place of opposition leader Maria Corina Machado after she was banned from standing in the election. Machado recently emerged in Oslo, Norway, after spending months in hiding.

The disputed vote prompted widespread protests across the country, resulting in at least 28 deaths and thousands of arrests.

Official records show that at least 2,000 people have since been released, while more than 700 people are still believed to be held for political reasons.

The disputed election has, in part, undergirded the Trump administration’s pressure against Maduro, whom they have accused of running a drug trafficking operation that aims to destabilise the US.

The Pentagon has surged military assets off the coast of Venezuela since August, with Trump earlier this week revealing the first attack on Venezuelan soil targeting a dock allegedly used to load drug boats earlier this week.

The US has also blockaded sanctioned oil tankers entering and exiting Venezuela, while simultaneously carrying out strikes on alleged drug boats in the Caribbean and eastern Pacific, in what rights groups say amount to extrajudicial killings.

More than 100 people have been killed in the strikes so far.

From exile, Machado has vocally supported the US pressure campaign. She has been more circumspect on strikes on Venezuelan territory, while maintaining that Venezuela has been “invaded” by “terrorist groups” and “drug cartels”.

Venezuela experts have warned that many opposition groups in the country oppose US military action.

Source link

House Judiciary Chair releases Jack Smith hearing transcript, video

Dec. 31 (UPI) — Former special counsel Jack Smith denied targeting President Donald Trump ahead of the 2024 presidential election while testifying before the House Judiciary Committee on Dec. 17.

He firmly denied pursuing the dual prosecutions against Trump for political reasons, Axios reported.

“I entirely disagree with any characterization that our work was in any way meant to hamper him in the presidential election,” Smith said.

The committee hearing was done behind closed doors, but House Judiciary Chairman Rep. Jim Jordan. R-Ohio, on Wednesday released the transcript and a video of the hearing that lasted for 8 hours and 21 minutes.

Smith led the Biden administration’s effort to prosecute Trump for his handling of classified documents and efforts to overturn the 2020 election results after losing to President Joe Biden.

“The decision to bring charges against President Trump was mine, but the basis for nine of those charges rests entirely with President Trump and his actions, as alleged in the 10 indictments returned by grand juries in two different districts,” Smith told House Judiciary Committee members.

He said he was deciding whether to charge alleged co-conspirators for attempting to overturn the 2020 election results, but Trump’s election win in 2024 halted the investigation.

Smith said Rudy Giuliani and Boris Epshteyn were among the Trump associates his prosecutorial team had interviewed but did not charge with alleged crimes.

When asked why he didn’t charge those two and others with lesser crimes to force them to testify against Trump, Smith said the case had plenty of evidence and no other witnesses were needed.

Smith did not offer any information to the committee that was not already publicly available regarding Trump’s handling of classified documents because U.S. District Court of Southern Florida Judge Aileen Cannon ordered him to keep the relevant contents of a 137-page case report private, he told the committee.

He said Giuliani did not believe the claims that he had made regarding voter fraud during the 2020 election and “disavowed a number of the claims,” which he excused as “mistakes or hyperbole,” Smith said.

The former special counsel also acknowledged that testimony by former White House aide Cassidy Hutchinson was based on hearsay and inadmissible in court.

Hutchinson claimed she was told Trump had become very angry when told that his driver was taking him to the White House instead of the Capitol and tried to grab the steering wheel of an SUV in which he was being transported during the Jan. 6, 2021, demonstration at the Capitol that devolved into a riot.

She made the claim privately and before an ad-hoc House select committee, the members of which then-House Speaker Nancy Pelosi, D-Calif., had chosen and mostly were Democrats.

Her account was not corroborated by others with firsthand information, Smith said.

He told the committee that Trump was the most responsible party for the Jan 6 demonstration that became a riot by stirring distrust and making false statements and refused to stop the riot.

Smith said he would pursue charges against the president again if given the chance to do so.

Source link

10 best books to read in January: New releases from George Saunders and more

Reading List

10 books for your January reading list

If you buy books linked on our site, The Times may earn a commission from Bookshop.org, whose fees support independent bookstores.

As the new year begins, novelists send characters to great heights in Tibet and Wyoming, to the great depths of the 19th century Atlantic and back in time, to early 20th century Pakistan. Meanwhile, nonfiction authors contemplate a Spanish shipwreck, a racially motivated murder, the origins of great ideas and how laughter can change our lives. Happy reading!

FICTION

"Call Me Ishmaelle" by Xiaolu Guo

Call Me Ishmaelle: A Novel
By Xiaolu Guo
Grove Press: 448 pp., $18
(Jan. 6)

Guo, whose 2017 memoir “Nine Continents” detailed her difficult road to personal and artistic freedom, pours that experience into Ishmaelle, a young woman from England’s coast who joins the crew of a whaling ship named the Nimrod. Yes, it’s a retelling of Herman Melville’s “Moby Dick” and yes, it’s well worth your time. By adding in new characters while adhering to the original story, the author creates something new, strange and thrilling.

"The Last of Earth: A Novel" by Deepa Anappara

The Last of Earth: A Novel
By Deepa Anappara
Random House: 252 pp., $29
(Jan. 13)

Set in 1869, when Europeans were forbidden to enter Tibet, this slow-paced yet tense novel follows the perspectives of Balram, an Indian surveyor, and Katharine, a woman of mixed English and Indian heritage, as they both attempt expeditions for different purposes. During their treks both characters meet a man named Chetak, whose eerie folkloric tales underscore the power structures they’ll each have to surmount before reaching their goals.

"This Is Where the Serpent Lives" by Daniyal Mueenuddin

This Is Where the Serpent Lives: A Novel
By Daniyal Mueenuddin
Knopf: 368 pp., $29
(Jan. 13)

While most of this stunning book takes place in Pakistan, an important section leads two brothers to college at Dartmouth in the United States, a place about as far in every respect from their Rawalpindi origins as possible. Mueenuddin, whose gift for satire shines whether he’s describing society matrons or gangsters, never loses sight of his theme: How do any of us ever manage to justify our treatment of the underserved?

"Crux: A Novel" by Gabriel Tallent

Crux: A Novel
By Gabriel Tallent
Riverhead: 416 pp., $30
(Jan. 20)

A “crux” refers to the toughest point in a climb; it also means a decision point, as well as a place where two things cross. For Tallent’s sophomore novel, two characters who are climbers have reached an important moment in their teenage lives. Daniel and Tamma (he’s straight, she’s queer) have been close friends for years, scrabbling all over Joshua Tree peaks, but as their home lives and individual paths diverge, their bond wavers.

"Vigil: A Novel" by George Saunders

Vigil: A Novel
By George Saunders
Random House: 192 pp., $28
(Jan. 27)

It seems unfair that, after his spectacular “Lincoln in the Bardo,” Saunders returns with not just another novel featuring a ghost, but with a new novel even more spectacular than the last. “Who else could you have been but exactly who you are?” says the newly incarnated Jill “Doll” Blaine, sent to comfort nefarious oil tycoon K. J. Boone in his last hours alive — a statement that in no way diminishes the political urgency of this spare, lovely book.

NONFICTION

"Humor Me: How Laughing More Can Make You Present, Creative, Connected, and Happy" by Chris Duffy

Humor Me: How Laughing More Can Make You Present, Creative, Connected, and Happy
By Chris Duffy
Doubleday: 272 pp., $29
(Jan. 6)

We’ve all heard that laughter is the best medicine; funny stuff isn’t merely diversion, but essential to our health. Author Duffy, who hosts the TED Talks podcast “How to Be a Better Human,” believes that anyone, from age 10 to age 103 (he gives examples of each), can make you laugh, help you form community and even lead you to make better decisions. One of the latter? Learn to laugh at yourself; it can signal “general intelligence and verbal creativity.”

"The Legend of Wyatt Outlaw: From Reconstruction Through Black Lives Matter" by Sylvester Allen Jr. and Belle Boggs

The Legend of Wyatt Outlaw: From Reconstruction Through Black Lives Matter

By Sylvester Allen Jr. and Belle Boggs
University of North Carolina Press: 296 pp., $30
(Jan. 27)

The titular Outlaw was the first Black constable of Graham, N.C. In 1870, he was killed by lynching by members of the local Ku Klux Klan, no doubt in part due to his efforts to build coalition between members of different races and social classes. Allen, a native of Graham and a playwright who wrote a drama based on Outlaw’s legacy, and Boggs, a scholar, connect the terrorism and hatred behind this man’s murder to the present day.

"How Great Ideas Happen: The Hidden Steps Behind Breakthrough Success" by George Newman

How Great Ideas Happen: The Hidden Steps Behind Breakthrough Success

By George Newman
Simon & Schuster: 304 pp., $30
(Jan. 27)

So many cartoons depict great ideas using light bulbs that we’ve forgotten many of the greatest ideas come about from long deliberation and careful winnowing. Canadian professor Newman uses archaeological terms for the process: surveying, gridding, digging and sifting. Who knew that Jordan Peele rewrote “Get Out” 400 times, or that Paul Simon composed his “Graceland” album by combing through all of his previous work?

"Neptune's Fortune: The Billion-Dollar Shipwreck and the Ghosts of the Spanish Empire" by Julian Sancton

Neptune’s Fortune: The Billion-Dollar Shipwreck and the Ghosts of the Spanish Empire

By Julian Sancton
Crown: 384 pp., $33
(Jan. 27)

In 1708 the San José, a treasure-laden Spanish galleon, sunk off the coast of Colombia. In 2015 a man named Roger Dooley found the galleon’s wreck and brought back artifacts proving it. Unfortunately, with little education, few bona fides and a sketchy reputation, Dooley received no credit for the discovery. Sancton tracked down Dooley — now in his 80s and somewhat reclusive — and thus is able to provide a fascinating conclusion to the tale.

"Mattering: The Secret to a Life of Deep Connection and Purpose" by Jennifer Breheny Wallace

Mattering: The Secret to a Life of Deep Meaning and Purpose

By Jennifer Breheny Wallace
Portfolio: 288 pp., $30
(Jan. 27)

Loneliness pervades our society and to heal it, people need to feel that they actually matter to others — something author Wallace saw when she researched and wrote her 2023 bestseller “Never Enough,” which focused on adolescents and burnout. Now Wallace shares her findings from talking with people of all ages and hearing what a difference it makes when connections are made and individuals are recognized for even the smallest contributions.

Patrick is a freelance critic and author of the memoir “Life B.”

Source link

DOJ releases third batch of Epstein files; shows Trump flights

Dec. 23 (UPI) — The Department of Justice Tuesday released a third cache of files from the Jeffrey Epstein case, including flight logs that show President Donald Trump flew on Epstein’s plane more than has been reported.

The logs show Trump flew on Epstein’s plane at least eight times in the 1990s. One of those flights included an unnamed 20-year old woman.

The documents are released to comply with the Epstein Files Transparency Act, which became law on Nov. 19, though the Justice Department didn’t release all the files on time.

Epstein was an American billionaire financier who was a convicted sex offender. He died by suicide in jail while awaiting trial.

The information about the flights comes from an email sent in January 2020 from a New York federal prosecutor to an unnamed person. The email doesn’t accuse Trump of any wrongdoing.

“For your situational awareness, wanted to let you know that the flight records we received yesterday reflect that Donald Trump traveled on Epstein’s private jet many more times than previously has been reported (or that we were aware), including during the period we would expect to charge in a [Ghislaine] Maxwell case,” the email said.

Ghislaine Maxwell, Epstein’s accomplice, is serving time for sex trafficking.

It said Trump “is listed as a passenger on at least eight flights between 1993 and 1996, including at least four flights on which Maxwell was also present. He is listed as having traveled with, among others and at various times, Marla Maples, his daughter Tiffany, and his son Eric,” it said.

“On one flight in 1993, he and Epstein are the only two listed passengers; on another, the only three passengers are Epstein, Trump, and then-20-year-old [redacted]. On two other flights, two of the passengers, respectively, were women who would be possible witnesses in a Maxwell case.”

The Justice Department said there were multiple references to Trump in the latest release. It called some of the mentions “untrue and sensationalist claims.”

“The Department of Justice has officially released nearly 30,000 more pages of documents related to Jeffrey Epstein. Some of these documents contain untrue and sensationalist claims made against President Trump that were submitted to the FBI right before the 2020 election. To be clear: the claims are unfounded and false, and if they had a shred of credibility, they certainly would have been weaponized against President Trump already,” the department said on X.

“Nevertheless, out of our commitment to the law and transparency, the DOJ is releasing these documents with the legally required protections for Epstein’s victims.”

Source link

Justice Department releases Epstein files, with redactions and omissions

The Justice Department released a library of files on Friday related to Jeffrey Epstein, partially complying with a new federal law compelling their release, while acknowledging that hundreds of thousands of files remain sealed.

The portal, on the department’s website, includes videos, photos and documents from the years-long investigation of the disgraced financier and convicted sex offender, who died in federal prison in 2019. But upon an initial survey of the files, several of the documents were heavily redacted, and much of the database was unsearchable, in spite of a provision of the new law requiring a more accessible system.

The Epstein Files Transparency Act, which passed with overwhelming bipartisan support in Congress, unequivocally required the department to release its full trove of files by midnight Friday, marking 30 days since passage.

But a top official said earlier Friday that the department would miss the legal deadline Friday to release all files, protracting a scandal that has come to plague the Trump administration. Hundreds of thousands more were still under review and would take weeks more to release, said Todd Blanche, the deputy attorney general.

“I expect that we’re going to release more documents over the next couple of weeks, so today several hundred thousand and then over the next couple weeks, I expect several hundred thousand more,” Blanche told Fox News on Friday.

The delay drew immediate condemnation from Democrats in key oversight roles.

Rep. Robert Garcia (D-Long Beach), the ranking member of the House Oversight Committee, and Rep. Jamie Raskin (D-Md.), the ranking member of the House Judiciary Committee, accused President Trump and his administration in a statement Friday of “violating federal law as they continue covering up the facts and the evidence about Jeffrey Epstein’s decades-long, billion-dollar, international sex trafficking ring,” and said they were “examining all legal options.”

The delay also drew criticism from some Republicans.

“My goodness, what is in the Epstein files?” Rep. Marjorie Taylor Greene (R-Ga.), who is leaving Congress next month, wrote on X. “Release all the files. It’s literally the law.”

“Time’s up. Release the files,” Rep. Thomas Massie (R-Ky.) wrote on X.

Already, congressional efforts to force the release of documents from the FBI’s investigations into Epstein have produced a trove of the disgraced financier’s emails and other records from his estate.

Some made reference to Trump and added to a long-evolving portrait of the social relationship that Epstein and Trump shared for years, before what Trump has described as a falling out.

In one email in early 2019, during Trump’s first term in the White House, Epstein wrote to author and journalist Michael Wolff that Trump “knew about the girls.”

In a 2011 email to Ghislaine Maxwell, who was later convicted of conspiring with Epstein to help him sexually abuse young girls, Epstein wrote, “I want you to realize that the dog that hasn’t barked is trump. [Victim] spent hours at my house with him … he has never once been mentioned.”

Maxwell responded: “I have been thinking about that…”

Trump has strongly denied any wrongdoing, and downplayed the importance of the files. He has also intermittently worked to block their release, even while suggesting publicly that he would not be opposed to it.

His administration’s resistance to releasing all of the FBI’s files, and fumbling with their reasons for withholding documents, was overcome only after Republican lawmakers broke off and joined Democrats in passing the transparency measure.

The resistance has also riled many in the president’s base, with their intrigue and anger over the files remaining stickier and harder to shake for Trump than any other political vulnerability.

It remained unclear Friday afternoon what additional revelations would come from the anticipated dump. Among the files that were released, extensive redactions were expected to shield victims, as well as references to individuals and entities that could be the subject of ongoing investigations or matters of national security.

That could include mentions of Trump, experts said, who was a private citizen over the course of his infamous friendship with Epstein through the mid-2000s.

Epstein was convicted in 2008 of procuring a child for prostitution in Florida, but served only 13 months in custody in what was considered a sweetheart plea deal that saved him a potential life sentence. He was charged in 2019 with sex trafficking, and died in federal custody at a Manhattan jail awaiting trial. Epstein was alleged to have abused over 200 women and girls.

Many of his victims argued in support of the release of documents, but administration officials have cited their privacy as a primary excuse for delaying the release — something Blanche reiterated Friday.

“There’s a lot of eyes looking at these and we want to make sure that when we do produce the materials we are producing, that we are protecting every single victim,” Blanche said, noting that Trump had signed the law just 30 days prior.

“And we have been working tirelessly since that day to make sure that we get every single document that we have within the Department of Justice, review it and get it to the American public,” he said.

Trump had lobbied aggressively against the Epstein Files Transparency Act, unsuccessfully pressuring House Republican lawmakers not to join a discharge petition that would force a vote on the matter over the wishes of House Speaker Mike Johnson (R-La.). He ultimately signed the bill into law after it passed both chambers with veto-proof majorities.

Rep. Ro Khanna (D-Fremont), who introduced the House bill requiring the release of the files, warned that the Justice Department under future administrations could pursue legal action against current officials who work to obstruct the release of any of the files, contravening the letter of the new law.

“Let me be very clear, we need a full release,” Khanna said. “Anyone who tampers with these documents, or conceals documents, or engages in excessive redaction, will be prosecuted because of obstruction of justice.”

Given Democrats’ desire to keep the issue alive politically, and the intense interest in the matter from voters on both ends of the political spectrum, the fact that the Justice Department failed to meet the Friday deadline in full was likely to stoke continued agitation for the documents’ release in coming days.

In their statement Friday, Garcia and Raskin hammered on Trump administration officials — including Atty. Gen. Pam Bondi — for allegedly interfering in the release of records.

“For months, Pam Bondi has denied survivors the transparency and accountability they have demanded and deserve and has defied the Oversight Committee’s subpoena,” they said. “The Department of Justice is now making clear it intends to defy Congress itself.”

Among other things, they called out the Justice Department’s decision to move Maxwell, who is serving a 20-year sentence for sex trafficking, to a minimum security prison after she met with Blanche in July.

“The survivors of this nightmare deserve justice, the co-conspirators must be held accountable, and the American people deserve complete transparency from DOJ,” Garcia and Raskin said.

Sen. Adam Schiff (D-Calif.), in response to Blanche saying all the files wouldn’t be released Friday, said the transparency act “is clear: while protecting survivors, ALL of these records are required to be released today. Not just some.”

“The Trump administration can’t move the goalposts,” Schiff wrote on X. “They’re cemented in law.”

Source link